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20121201
20121201
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CNBC 1
CNNW 1
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CNN
Nov 30, 2012 10:00pm PST
to raise taxes in this horrific obama recovery. debt and entitlement restructuring. that's what they voted for and the reason he's doing it now is because none of the democratic senators that were elected, and they did a great job, they really kicked our butts with these senators, none of them, not a one of them ran on increasing taxes on anybody in this kind of recovery. that top 2% are the job creators. they're small businesses. >> he also wants congress to give up that leverage over the debt ceiling because that is also presenting itself as another ugly battle. and you know what, paul begala, it is being said that that is one heck of a piece of boehner leverage. >> well, it is. but i think it's outrageous. i think this brinksmanship about the budget and the fiscal cliff is all just fine. i don't want to go over the cliff. >> does the president want to go over? we got to listen to all the republicans and the conservative media today are saying president obama wants to go over the fiscal cliff because then taxes go up across the board. >> which is not what the president wants, but there's
CNBC
Nov 30, 2012 7:00pm EST
knows, i believe that president obama knows that ain't going to happen. the debt ceiling vote's not going to go away. the new stimulus is not going to go away. the 4 to 1 revenues over spending cuts. there really are no real spending cuts. none of that stuff's going to work. they know that, neil. i mean, what about the art of negotiating and finding common ground? isn't there still some of that left alive in congress? >> larry, we're running a $1 trillion deficit a year. so any deal that doesn't start to make serious impact into that is not a deal worth doing. so yes, they should definitely negotiate. they should ask for real fundamental reforms to the entitlement system. we all know that's what we need. and if they got a deal that had some real reform in it, sure. they should be willing to give and take on such a deal. there's nothing like that that's likely to be on the table. and jumping is a lot better than a phony deal. >> why are you so pessimistic? before i come back to senator hutchson, obama started out pretty conciliatory. you're very pessimistic, neil. >> obama came
Search Results 0 to 1 of about 2